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Steve Dutton, NC

Legacy Commercial Capital

Legacy Commercial Capital is a real estate company with 2 employee(s). Katy Arnold is the Business Consultant. This company has been part of Connected Investors since 11/18/2013 - Legacy Commercial Capital is interested in PERRIS, CA, . Connect with the employees and team members of Legacy Commercial Capital on Connected Investors.

Company Team Results

Bio: Hello, everyone I am a commercial lending consultant. I am looking to build a strong business relationship with real estate investors, commercial real estate developers.... More What I have to offer is residential and commercial lending. Our company has two division our residential side assist real estate investors that are looking to do fix- and flip properties only. Our commercial side only deal with commercial projects like energy solar projects, land developments project, multifamily project, JV partnerships etc. Less

Posted: REQUIREMENTS FOR NEW RESIDENTIAL PROGRAM

Lending Criteria

Loan Amounts: $75K to $5M (or more)
LTV: 80% of the purchase/rehab
Rates: 8% to 14%
Points 4%... More to 6%
Closing: Within 1 week to 3 weeks
Loan Type: Single Family (1 to 4 units) fix/flips, Condo’s, and Town Homes, Multifamily, Duplexes, and some new constructions.
No Prepayment penalties
NON OWNER OCCUPIED ONLY
Credit Score 580 or better
MUST HAVE 20% - 30% DOWN NO EXCEPTIONS!!!!

Cash Out or Refi

Clients can get cash out of property up to 50% of the value of their home. Must be free and clear NO MORTGAGE OR OTHER LIENS. Minimum amount of value of the home is $75K. Single Family (1 to 4 units) NON OWNER OCCUPIED. We can also do Commercial Properties as well on case by case basis.

Bio: My name is Katy Arnold. I am primarily a Independent Commercial consultant based out of the Los Angeles, CA area. I am looking to connect with Deals. Make sure... More Friend me and Like my Connected Investors profile. Less

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